Two Queens residents charged with stealing, selling savings bonds

TWO Queens residents have been charged with selling US savings bonds that had been stolen from an elderly woman.

Jhanannie Singh, 51, and Glen Campbell, 39, both citizens of Guyana residing in Queens, New York, charged with offenses relating to the theft of numerous US savings bonds from an elderly woman who had purchased the bonds for her grandchildren and other family members.

As alleged in court documents and statements made in court, Singh stole numerous savings bonds from an elderly woman for whom she provided home health services.

After the victim died, Singh contacted Campbell, who enlisted the help of another individual to redeem the stolen bonds at a financial institution and provide Singh and Campbell with a portion of the proceeds.

Between October 2020 and January 2021, as part of an undercover investigation, law enforcement coordinated the purchase of more than 100 savings bonds, with face values ranging from $50 to $1,000, from Singh and Campbell.

Singh and Campbell were arrested on criminal complaints on January 29. They are released on bonds in the amount of $250,000 and $100,000, respectively.

The indictment charges Singh and Campbell with one count of conspiracy, an offense that carries a maximum term of imprisonment of five years; three counts of exchanging, receiving, or concealing stolen saving bonds, an offense that carries a maximum term of imprisonment of 10 years on each count, and one count of transportation of stolen property, an offense that carries a maximum term of imprisonment of 10 years.

John H Durham, US Attorney for the District of Connecticut stressed that an indictment is not evidence of guilt. Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.